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S3 Business Management Pupil Notes ___Business Management Business in Action What is a business? A business is a particular type of organization one which involves people and resources in the making
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Business management is the process of overseeing, organizing, and controlling the activities of a company or organization.
Business owners, managers, and executives are typically responsible for business management.
To fill out a business management plan, one must outline goals, strategies, and action plans for the company.
The purpose of business management is to ensure the success and growth of a company by effectively managing resources and operations.
Information such as financial statements, performance metrics, and strategic plans should be reported in a business management plan.
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